Commodity Brokers News
Cereal Killer: Falling Prices Hurt Goodman
Friday April 23, 1999
A blowout in commodity costs and falling prices for breakfast cereal and chicken have prompted leading food analysts to cut earnings forecasts for Goodman Fielder, with half now saying it will not achieve even the lower end of its profit forecasts. Leading brokers such as Deutsche Bank, J. B. WerResources Boost Ords
Tuesday April 20, 1999
A rally in resource stocks helped the All Ordinaries Index to another record close yesterday, as higher commodity prices and a stronger Australian dollar renewed hopes of a recovery in the sector. The All Ords finished the day 13.3 points higher, after a late rise in some heavyweight banking stocResource Stocks Rebound
Friday April 16, 1999
Australian institutions joined the overseas-led charge into resource stocks yesterday, punting from their short position in leading issues that global commodity prices had turned from their historic lows. The scramble by local institutions for resources scrip, following an insatiable appetite in News Archive
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